1st Arab Forum for Agricultural and Food Investment launched

Published November 7th, 2010 - 07:40 GMT
Al Bawaba
Al Bawaba

The first-ever Arab Forum for Agricultural and Food Investment which will be held on December 8 and 9 in Cairo will discuss how to further enhance the strategic relationship between the private sectors and financing institutions such as the Sudan-based Arab Authority for Agricultural Investment and Development (AAAID).

One of the main objectives of AAAID is to contribute to the achievement of sustainable Arab food security. Among the confirmed participating companies are Al Rajhi Group, Savola Group, Tabouk Agricultural Development Company, Al Rawabi and Assafa Food.

"We are very pleased to organize this forum which will be a venue for Arab organizations and companies to discuss together today's developments and tomorrow's needs in agricultural and food investments" said His Excellency Mr. Ali Bin Saeed Al Sharhan, President of AAAID, at his regional office in Dubai.

The ministers of agriculture of Egypt and Sudan will be opening the conference, while the minister of finance of Jordan, representing the shareholders of AAAID, will deliver the keynote speeches, together with the director of Finance Program Division of the Arab Monetary Fund and Trade Finance Program.

Eight workshops have been planned during the two-day event to be held at the Fairmont Nile Hotel. Topics range from grains, sugar, derivatives, animal and fishery production to strategic agri-planning and agri-investments impediments.

Mr. Ali Bin Saeed Al Sharhan added: "Today's challenges in agricultural and food investments and production require prompt action. We believe that this first-ever forum will become a fundamental place to discuss critical issues to be able to come up with common actions beneficial to the Arab world."